Colombia - Budget Deficit 2022
-6.34%
+0.92% from 2021
Colombia's budget deficit was -6.34% in 2022, increased +0.92% from -7.26% in 2021. This was the 32nd highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Macao SAR, China | -37.04% | -187.3% |
| 2nd | Timor-Leste | -29.47% | -46.3% |
| 3rd | Kiribati | -18.31% | -70.0% |
| 4th | Senegal | -16.13% | -18.0% |
| 5th | Ukraine | -15.60% | -292.8% |
| 6th | Tuvalu | -14.60% | -9.9% |
| 7th | Fiji | -12.28% | 13.7% |
| 8th | Ghana | -11.76% | 2.3% |
| 9th | Maldives | -11.16% | 21.3% |
| 10th | Burkina Faso | -10.89% | -46.2% |
| 11th | Burundi | -10.73% | -133.3% |
| 12th | Sri Lanka | -10.22% | 12.5% |
| 13th | St. Vincent and the Grenadines | -9.35% | -30.0% |
| 14th | Malawi | -9.32% | -11.7% |
| 15th | India | -8.97% | 5.1% |
| 16th | Togo | -8.34% | -79.1% |
| 17th | Italy | -8.11% | 8.7% |
| 18th | Pakistan | -7.84% | -29.7% |
| 19th | Zambia | -7.82% | 3.9% |
| 20th | Lebanon | -7.77% | -191.3% |
| 21st | China | -7.32% | -24.0% |
| 22nd | Dominica | -7.21% | 12.3% |
| 23rd | Bolivia, Plurinational State of | -7.12% | 23.7% |
| 24th | Bhutan | -6.95% | -20.7% |
| 25th | Tunisia | -6.91% | 9.1% |
| 26th | Jordan | -6.80% | 19.6% |
| 27th | Niger | -6.77% | -11.0% |
| 28th | Côte d'Ivoire | -6.74% | -38.7% |
| 29th | Hong Kong SAR, China | -6.58% | -73,155.6% |
| 30th | Vanuatu | -6.50% | -373.3% |
| 31st | Lesotho | -6.41% | -29.5% |
| 32nd | Colombia | -6.34% | 12.7% |
| 33rd | Namibia | -6.33% | 27.1% |
| 34th | Hungary | -6.17% | 13.2% |
| 35th | Kenya | -6.06% | 15.8% |
| 36th | Guinea-Bissau | -6.06% | -3.0% |
| 37th | Bahrain | -6.02% | 43.0% |
| 38th | Sierra Leone | -5.93% | -36.3% |
| 39th | Romania | -5.83% | 13.0% |
| 40th | Egypt, Arab Republic of | -5.75% | 17.4% |
| 41st | Rwanda | -5.74% | 18.1% |
| 42nd | Gambia, The | -5.72% | -19.9% |
| 43rd | Benin | -5.56% | 2.7% |
| 44th | Bahamas, The | -5.53% | 53.6% |
| 45th | Philippines | -5.48% | 12.1% |
| 46th | Madagascar | -5.46% | -93.1% |
| 47th | Uganda | -5.45% | 29.8% |
| 48th | Morocco | -5.37% | 9.4% |
| 49th | Liberia | -5.33% | -112.9% |
| 50th | Malta | -5.31% | 23.6% |
| 51st | Eswatini | -5.28% | -15.5% |
| 52nd | Papua New Guinea | -5.25% | 23.2% |
| 53rd | North Macedonia | -5.23% | 1.6% |
| 54th | Central African Republic | -5.23% | 9.9% |
| 55th | Mozambique | -5.22% | 0.3% |
| 56th | Guyana | -5.11% | 26.3% |
| 57th | Mali | -4.75% | 3.3% |
| 58th | France | -4.74% | 28.1% |
| 59th | Spain | -4.63% | 30.4% |
| 60th | Thailand | -4.61% | 31.7% |
| 61st | Malaysia | -4.56% | 24.4% |
| 62nd | United Kingdom | -4.56% | 41.0% |
| 63rd | Bangladesh | -4.53% | -27.4% |
| 64th | Mexico | -4.32% | -15.3% |
| 65th | Cabo Verde | -4.25% | 43.4% |
| 66th | South Africa | -4.25% | 23.3% |
| 67th | Japan | -4.22% | 31.2% |
| 68th | St. Kitts and Nevis | -4.16% | -176.9% |
| 69th | New Zealand | -4.16% | -18.8% |
| 70th | Montenegro | -4.07% | -136.6% |
| 71st | Nigeria | -4.00% | -0.9% |
| 72nd | Palau | -3.99% | 59.9% |
| 73rd | Panama | -3.98% | 38.5% |
| 74th | Brazil | -3.97% | -50.7% |
| 75th | Latvia | -3.94% | 31.0% |
| 76th | Comoros | -3.93% | -39.7% |
| 77th | Iceland | -3.93% | 52.8% |
| 78th | Tanzania | -3.92% | -10.4% |
| 79th | Argentina | -3.84% | 11.5% |
| 80th | United States | -3.72% | 67.5% |
| 81st | Uzbekistan | -3.65% | 10.9% |
| 82nd | Albania | -3.64% | 20.4% |
| 83rd | Belgium | -3.62% | 33.0% |
| 84th | Poland | -3.44% | -97.0% |
| 85th | Austria | -3.31% | 41.9% |
| 86th | Zimbabwe | -3.30% | -47.5% |
| 87th | Dominican Republic | -3.25% | -11.3% |
| 88th | Moldova | -3.24% | -23.8% |
| 89th | Mauritius | -3.15% | 23.0% |
| 90th | Nepal | -3.12% | 21.5% |
| 91st | Mauritania | -3.10% | -219.1% |
| 92nd | Czechia | -3.07% | 38.0% |
| 93rd | Slovenia | -3.02% | 34.6% |
| 94th | Algeria | -2.96% | 53.1% |
| 95th | Antigua and Barbuda | -2.84% | 37.1% |
| 96th | Myanmar | -2.82% | -14.0% |
| 97th | Costa Rica | -2.81% | 44.8% |
| 98th | Suriname | -2.69% | 52.5% |
| 99th | El Salvador | -2.68% | 51.5% |
| 100th | Iran, Islamic Republic of | -2.64% | 12.3% |
| 101st | Paraguay | -2.64% | 22.2% |
| 102nd | Uruguay | -2.52% | 3.6% |
| 103rd | Solomon Islands | -2.51% | -34.9% |
| 104th | Greece | -2.46% | 67.6% |
| 105th | Indonesia | -2.31% | 47.6% |
| 106th | São Tomé and Principe | -2.24% | -47.8% |
| 107th | Australia | -2.21% | 65.2% |
| 108th | Georgia | -2.20% | 63.2% |
| 109th | Yemen, Republic of | -2.15% | -141.7% |
| 110th | Sudan | -2.15% | -648.1% |
| 111th | Armenia | -2.11% | 53.9% |
| 112th | Belarus | -1.98% | -786.1% |
| 113th | Germany | -1.91% | 39.7% |
| 114th | Barbados | -1.90% | 56.2% |
| 115th | Guinea | -1.88% | -10.3% |
| 116th | Haiti | -1.75% | 28.5% |
| 117th | Guatemala | -1.70% | -45.9% |
| 118th | St. Lucia | -1.66% | 65.4% |
| 119th | Korea | -1.49% | -7,752.6% |
| 120th | Djibouti | -1.48% | 51.4% |
| 121st | Peru | -1.38% | 44.5% |
| 122nd | Russian Federation | -1.34% | -273.1% |
| 123rd | Slovak Republic | -1.16% | 77.3% |
| 124th | Cameroon | -1.11% | 63.0% |
| 125th | Türkiye | -1.10% | 63.2% |
| 126th | Estonia | -1.08% | 58.0% |
| 127th | Belize | -1.04% | 68.3% |
| 128th | Congo, Democratic Republic of | -1.01% | 40.1% |
| 129th | Afghanistan | -1.00% | -105.6% |
| 130th | West Bank and Gaza | -0.92% | 82.3% |
| 131st | Gabon | -0.89% | 53.8% |
| 132nd | Bulgaria | -0.80% | 71.4% |
| 133rd | Seychelles | -0.76% | 86.8% |
| 134th | Lithuania | -0.72% | 38.0% |
| 135th | Aruba | -0.51% | 94.9% |
| 136th | Portugal | -0.31% | 89.0% |
| 137th | Kyrgyz Republic | -0.29% | 58.4% |
| 138th | Cambodia | -0.29% | 94.3% |
| 139th | Tajikistan | -0.23% | 63.5% |
| 140th | Finland | -0.18% | 93.4% |
| 141st | Serbia | -0.14% | 95.5% |
| 142nd | Tonga | -0.10% | 88.4% |
| 143rd | Botswana | -0.01% | 99.7% |
| 144th | Netherlands | 0.00% | 100.1% |
| 145th | Somalia, Fed. Rep. | 0.02% | 102.7% |
| 146th | Ecuador | 0.04% | 102.8% |
| 147th | Lao PDR | 0.06% | 108.8% |
| 148th | Kazakhstan | 0.11% | 102.1% |
| 149th | Croatia | 0.12% | 104.7% |
| 150th | Bosnia and Herzegovina | 0.15% | 184.2% |
| 151st | Luxembourg | 0.18% | -81.6% |
| 152nd | Jamaica | 0.26% | -69.3% |
| 153rd | Israel | 0.32% | 109.5% |
| 154th | San Marino | 0.42% | 102.6% |
| 155th | Canada | 0.56% | 118.2% |
| 156th | Angola | 0.58% | -82.8% |
| 157th | Nicaragua | 0.65% | 151.5% |
| 158th | Viet Nam | 0.67% | 146.9% |
| 159th | Mongolia | 0.67% | 122.1% |
| 160th | Marshall Islands | 0.68% | 276.2% |
| 161st | Grenada | 0.93% | 184.7% |
| 162nd | Trinidad and Tobago | 0.96% | 111.4% |
| 163rd | Sweden | 1.00% | 773.2% |
| 164th | Switzerland | 1.19% | 512.1% |
| 165th | Singapore | 1.21% | 7.3% |
| 166th | Chile | 1.36% | 118.1% |
| 167th | Honduras | 1.57% | 149.6% |
| 168th | Ireland | 1.67% | 222.0% |
| 169th | Puerto Rico (US) | 1.79% | 796.1% |
| 170th | Saudi Arabia | 2.24% | 212.4% |
| 171st | Brunei Darussalam | 2.53% | 131.0% |
| 172nd | Cyprus | 2.65% | 261.4% |
| 173rd | Liechtenstein | 3.30% | 35.6% |
| 174th | Turkmenistan | 3.38% | 496.6% |
| 175th | Denmark | 3.39% | -17.8% |
| 176th | Chad | 3.79% | 392.9% |
| 177th | South Sudan | 4.48% | 148.2% |
| 178th | Andorra | 4.84% | 515.4% |
| 179th | Samoa | 5.03% | 193.5% |
| 180th | Azerbaijan | 5.96% | 41.8% |
| 181st | Iraq | 8.10% | 2,248.0% |
| 182nd | Congo, Republic of | 8.94% | 449.0% |
| 183rd | United Arab Emirates | 9.81% | 147.4% |
| 184th | Qatar | 10.39% | 4,175.7% |
| 185th | Oman | 10.53% | 431.9% |
| 186th | Equatorial Guinea | 11.68% | 340.4% |
| 187th | Micronesia, Federated States of | 17.43% | 292.3% |
| 188th | Libya | 23.60% | 59.1% |
| 189th | Nauru | 24.27% | -45.5% |
| 190th | Norway | 25.45% | 147.5% |
| 191st | Kuwait | 29.99% | 200.4% |
FAQ
What was Colombia's budget deficit in 2022?▾
Colombia's budget deficit in 2022 was -6.34%. This ranked 32nd globally.
How did Colombia's budget deficit change in 2022?▾
Colombia's budget deficit increased by 12.7% in 2022 compared to 2021.
Which country had the highest budget deficit in 2022?▾
Kuwait had the highest budget deficit in 2022 at 29.99%.
What is the budget deficit of Colombia in 2022?▾
The budget deficit of Colombia in 2022 was -6.34%. This ranked 32nd globally.
How does 2022 compare to 2021 for Colombia's budget deficit?▾
Colombia's budget deficit went from -7.26% in 2021 to -6.34% in 2022, a 12.7% increase.
Related
2021
2023
All years
Full ranking 2022
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 1991
Lowest: 2021
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Moldova
vs Equatorial Guinea
vs Marshall Islands
vs Jamaica
OECD Budget Deficit
Global Ranking